Org.nr 921 126 034 2019 → 2020 Year-over-year analysis

ACCEDE AS: årsregnskap 2020 vs 2019

Grew 104% on revenue, stronger earnings

approved 2021-06-30; registry 2021-08-30; journal 2021 696098

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACCEDE AS. Revenue 662.2k NOK → 1.35m NOK (+104.1%). Net result +345.7k NOK → +716.6k NOK. Equity 1.55m NOK → 4.77m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
662.2k NOK 1.35m NOK
+104.1%
Operating result
+678.0k NOK +235.7k NOK
-65.2%
Net result
+345.7k NOK +716.6k NOK
+107.3%
Equity
1.55m NOK 4.77m NOK
+207.6%
Cash
202.9k NOK 172.1k NOK
-15.2%
Total assets
2.24m NOK 6.03m NOK
+169.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 662.2k NOK to 1.35m NOK (+104.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +345.7k NOK → +716.6k NOK (net margin 52.2% → 53.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.55m NOK → 4.77m NOK (equity ratio 69.3% → 79.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 937.3k NOK → 914.9k NOK (142% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +678.0k NOK → +235.7k NOK (op. margin 102.4% → 17.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 202.9k NOK → 172.1k NOK (-15.2% YoY). Calculated